Which of the Following Best Describes the Influence of Successful

question 35

Multiple Choice

Which of the following best describes the influence of successful advertising on the market for aspirin?

• A)The market demand curve shifts to the right, creating a shortage at the original equilibrium price.
• B)Individuals' demand curves shift to the right, but the market demand curve remains at its original position.
• C)The market supply curve shifts to the right, creating a surplus at the original equilibrium price.
• D)The market supply curve for aspirin shifts to the right, causing equilibrium price to decrease.

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Definitions:

Phonemes

The smallest unit of sound in speech that can be used to distinguish one word from another in a given language.

Morphemes

The smallest units of meaning in a language.

Sounds

Sounds that propagate through the air or different mediums and are audible when they arrive at an individual's or animal's ear.

Semantics

The branch of linguistics and logic concerned with meaning, including the relationships between words, phrases, signs, and symbols and what they stand for.